Property & Real Estate Discussions on Home Financing

3479 Results Found in Home Financing

Mr Chan in Home Financing

asked on 1 Nov 2012

I noticed most agents give information of loan as 80% of selling price. Is it selling price or valuation price?

0 • 408 views 1 Answer

John M in Home Financing

asked on 1 Nov 2012

I currently have a SOR based mortgage which is out its lock in period. The rate is a bit uncompetitive so I am looking into refinancing options. My bank is suggesting a mortgage based on a spread below their board rate which gives the lowest...

0 • 919 views 1 Answer

Mike in Home Financing

asked on 31 Oct 2012

Hi Guru, Can you shed some lights on how to calculate Stamping Duty for HDB house buying? It is just urgent and your help is much appreciated. Example Figures: Val: 400K COV: 20K As far as I understand, (420000 * 0.03) - 5400 = 7200 Is it...

0 • 592 views 1 Answer

Laura in Home Financing

asked on 30 Oct 2012

Dear All, I would like to check on the newly implemented housing loan tenure that one is able to get. I am 32 and do not own any property for now. However, when i was looking for a condo, the banker told me that: i can only borrow 80% for...

0 • 728 views 4 Answers

Jay in Home Financing

asked on 29 Oct 2012

I am a Singaporean. If I would like to buy a condo, assuming that it cost 600K, how much up-front payment (including deposits, agency fees, 20% deposits and etc.) do I need to pay?

0 • 2854 views 5 Answers

MS TAN in Home Financing

asked on 28 Oct 2012

I, 45 yrs have brought an EC in 2011 (TOP 2014) under deferred payment scheme. I hv signed 80% bank loan for 32 yrs. Upon selling my HDB flat, I wish to make a lump sum payment to the bank so as to reduce my loan amt to 20% instead. In this case...

0 • 625 views 1 Answer

Rachel Wong in Home Financing

asked on 25 Oct 2012

My husband & I are near 50 yrs old. Under new rule, I understand we can only having bank loan max up to another 15 yrs. if, we let in our child whom is 21 yrs old to apply for bank loan together with my husband. Can we get the max 30 yrs...

0 • 634 views 2 Answers

Unsure in Home Financing

asked on 25 Oct 2012

Is it necessary to get a mortgage insurance for a private property? Any such insurance schemes to recommend and share? Thank you.

0 • 620 views

Anonymous in Home Financing

asked on 23 Oct 2012

i am looking for a financier to purchase a 3 room hdb flat, but 4 banks have rejected my application, anyone who have better suggestion for me,please contact me ASAP.

0 • 500 views 1 Answer

Mahesh in Home Financing

asked on 23 Oct 2012

I am a PR and my wife is a Singaporean and owns my house. As she is a house wife,she does not have enough cPF to pay the bank installments. Can I use my CPF to pay partly?

0 • 369 views

Mike in Home Financing

asked on 23 Oct 2012

Hi, I would like to know how much additional cost incurs on top of Val and COV in buying a HDB unit. For instance, if Val is 400K and COV is 30K, what would be the broker fee, stamp fee and legal fee etc. I am a PR. Thanks.

0 • 525 views 1 Answer

tattybear in Home Financing

asked on 23 Oct 2012

If I want to purchase a condo, when is the latest date that I have to sell my HDB to get 80% bank loan? Can I get 60% bank loan first, sell my HDB later and convert back to 80% loan?

0 • 654 views 1 Answer

Mike in Home Financing

asked on 21 Oct 2012

Currently I owe a few banks credit card debts. I have already defaulted on the payment and it's have been almost 8 years now. Is it still possible for me to get a loan from banks which I do not owe them money as I intend to sell my current flat to...

0 • 700 views 1 Answer

JL Yeow in Home Financing

asked on 20 Oct 2012

I am on the last stage to pay the balance 15% of the deposit, only then the developer lawyer come back to me saying CPF do not allow co-owner who are not related, who are married to use CPF money...even if first time buyer BUT if both co-owner...

0 • 461 views 1 Answer

Pug in Home Financing

asked on 19 Oct 2012

Can downpayment for residential properties be paid via a combination of cash + CPF? Does the same apply to the initial 5% for new launches? Thanks.

0 • 506 views

Alex in Home Financing

asked on 19 Oct 2012

Hi, I got a question. I'm buying a ec now n after deducting the 15% downpayment using CPf I am only left with 7k in my CPf account which is not sufficient to pay the stamp duties fees of 15k. So can I pay with 7k CPf n 8k cash? Or if I straight...

0 • 623 views

Mdm. Chan Yin ling in Home Financing

asked on 17 Oct 2012

Hi, could I know how does payment for condo works? If my loan is 80%, when does payment for these 80% kick in? Do we pay the rest of the payment only upon top?

0 • 552 views 1 Answer

Apple in Home Financing

asked on 17 Oct 2012

Can I know what is the payment scheme for condo if my loan is 80%? When is the first payment? When do I start paying mortgage to the bank?

0 • 458 views

Elaine in Home Financing

asked on 16 Oct 2012

I have a HDB fully paid. Now rent out for two yrs. We are considering to buy a second property. Down payment is 40% or 20%. A bit lost. Lots of people tell me all different answers.

0 • 552 views 1 Answer

Mac in Home Financing

asked on 16 Oct 2012

Hi. I'm looking at buying an EC in the east/north east. However as I'm currently financing a loan (and I've checked around) I can only loan up to 60% as I'm considering a 30year loan. For the progressive payment scheme, after giving the 20%...

0 • 555 views 1 Answer

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